1. Grace Connolly Director, Administration & Finance January 17, 2018
FY19 Budget Updates
Grace Connolly
Director, Administration & Finance
January 17, 2018

2. Background COB finances stable for FY19
AAA credit rating – 4th year in a row
State aid continues to shrink
Growth in fixed costs, anticipated at 7.5% (slower than past years)
Ongoing collective bargaining negotiations

3. Two Step Process Maintenance request New budget proposals
Operational reforms
Budget savings
New initiatives/investments
Revenue proposals

4. Maintenance Request Reflect FY18 operations in terms of FY19 costs
Review possible realignments during this period
Staff transfers and consolidations
Streamlining business processes
Shared service models
Reduce fragmentation and duplication of effort
Enhancing managerial controls

5. Maintenance Request

6. New Budget Proposals Operational reforms Savings proposals
Planning efforts
Operational audits
Departmental experience
Service and program demand changes
One-time investments must show ROI and implementation steps
Savings proposals
2% reduction ($998,603) must be proposed
Does not mean that our budget will be cut by 2%

7. Framework for Savings Proposals
Be cognizant of vulnerable populations and equity implications
Preserve core public health services provided by BPHC programs and partners
Mitigate impact on FTEs [particularly revenue generating positions]
Streamline operational functions to support services

8. New Initiatives New initiatives/investments
Analysis to show measurable progress toward specific goals
Priority for projects that:
Data show investment will have a significant positive impact relative to the investment;
Targeted at the vision of a thriving, healthy and innovative city;
Support the implementation of Imagine Boston 2030
Leverage other spending and resources

9. Revenue Proposals Revenue options
Estimates consistent with service levels in maintenance budget
Alternatives
Fees and fines that haven’t risen to keep pace with inflation
Maximizing existing revenue streams

10. Capital Budget
Addresses urgent needs while planning strategically for the city’s future
Facilities projects
Public Facilities Department feasibility site visits and data collection ongoing
IT and Equipment projects
Departmental meetings January and February

11. Timeline

12. Questions?